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383 West End Avenue

Gerold Niggemann Acquires Multifamily Property At 383 West End Avenue For $5.27M
SOLDMultiFamily

Gerold Niggemann Acquires Multifamily Property At 383 West End Avenue For $5.27M

383 West End Avenue

$5,267,500

$2,194/SF

Building Size

2,400 SF

Asset Type

MultiFamily

Closing

Jun 22, 2026

AI

Gerold Niggemann acquired a multifamily property located at 383 West End Avenue in Manhattan's Upper West Side for $5,267,500. The property has a total area of 2,400 square feet, indicating a price per square foot of $2,195. The deal was finalized on June 22, 2026.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $5,267,500
  • Address: 383 West End Avenue
  • Market: Upper West Side, Manhattan
  • Square Footage: 2,400
  • Price Per Square Foot: $2,195
  • Buyer: Gerold Niggemann
  • Seller: Francis Wing On Tsang

This transaction involved Gerold Niggemann acting as the buyer and Francis Wing On Tsang as the seller. The involved parties ensure the deal aligns with the market conditions and property attributes of the Upper West Side area in Manhattan.

Players

New York MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.01%

Cash-on-Cash

-0.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93